Chronic diseases, including heart disease, stroke, cancer, respiratory diseases, and the ongoing global pandemic of coronavirus (COVID-19), contribute significantly to the global disease burden. According to the Center for Disease Control (CDC) in 2019, six out of ten adults are affected by chronic diseases, and four out of ten individuals suffer from more than two chronic conditions. This data underscores the escalating disease burden and the need for effective disease management.
Respiratory diseases, in particular, represent a major cause of death and disability. As highlighted by Healthy People 2020, conditions such as asthma and chronic obstructive pulmonary disease (COPD) impose significant public health challenges. Consequently, the increasing prevalence and incidence of respiratory diseases drive the demand for efficient ventilators, essential for providing a continuous supply of oxygen to patients. This, in turn, propels the growth of the global medical ventilator market.
The impact of the COVID-19 pandemic has further accentuated the significance of medical ventilators. According to the latest data from the European Centre for Disease Prevention and Control (ECDC) in 2020, there were a staggering 17,005,983 confirmed COVID-19 cases globally, with 666,857 reported on 30th July 2020. The surge in COVID-19 cases has created a substantial demand for ventilators, amplifying market growth. The unprecedented increase in cases since January 2020 has led to a soaring demand for medical ventilators to cater to the respiratory needs of COVID-19 patients.
The prevalence of chronic diseases and the ongoing global health crisis have underscored the critical role of medical ventilators in providing essential respiratory support. The demand for these devices has surged not only due to the existing burden of respiratory diseases but also as a direct consequence of the increased need arising from the COVID-19 pandemic. As the healthcare industry strives to address these challenges, the global medical ventilator market is experiencing substantial growth.
Middle East and Africa Critical Care Equipment Market Overview
Some of the key players in this market are namely Johnson & Johnson Services, Inc. (US), General Electric Company (US), Medtronic (Republic of Ireland), Siemens Healthcare Private Limited (Germany), Baxter (US), Koninklijke Philips N.V. (Netherlands)
Considering the scenario of Middle East and Africa critical care equipment market, UAE region is believed to be the largest market for the same in the above mentioned region. Moreover, Saudi Arabia market is also growing and is the second largest market for critical care equipment. On the other hand, Egypt’s market is expected to grow at a steady pace in the Middle-East critical care equipment market in future. Rest of the Middle East and Africa region is likely to have a limited but steady growth in the market.
The report of Middle East and Africa critical care equipment market by Market Research Future comprises extensive primary research along with detail analyses of qualitative as well as quantitative aspects by various industry experts and key opinion leaders to gain a deeper insight of the market and industry performance. The report gives a clear picture of current market scenario which includes past and estimated future market size with respect to estimated terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides detail information about and strategies used by top key players in the industry. The report also gives a broad study of the market’s segments and regions.
Study Objectives of Critical Care Equipment Market:
Intended Audience
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